FINREP - Template 16.1 Interest income and expenses by instrument and counterparty sector (+ template 2) - Setting of interests on derivatives - hedge accounting other than interest rate risk : concerning interest on derivatives held for hedge accounting other than interest rate risk, we wonder about their setting: - we understand they are not included in template 16.1 ; can you confirm this point ? - on which row of template 2 "statement of profit or loss" should they be included ? We foresee to include them on row "other assets" (row 080) and "other liabilities" (row 140). Is it correct?
We need this information for FINREP mapping.
Interest income or expenses shall be reported in item "other assets " or "other liabilities " in templates F 02.00 and F 16.01 according to the instructions in Annex V. Part 2, paragraph 25 of the
Draft ITS on Supervisory reporting where it is stated that "Interest income - other assets " includes amounts of interest income not included in the other items.
*As of 1/8/2014 the content of this answer was modified to reflect the publication of the final ITS on supervisory reporting of institutions in the Official Journal of the European Union. As a result, the references to the ITS were updated and the disclaimer deleted. For reasons of transparency, revisions are highlighted in track changes.